The Bosch and MAHLE groups sell their joint venture to FountainVest Partners (FountainVest) and Westron in March 2018. The company operates under the name of BMTS Technology from this point on. BMTS should continue to grow steadily and should be able to consolidate its position in the global automotive supply market under the leadership of the new management and as a result of the company's technological expertise, its portfolio of renowned customers and continued favourable market growth forecasts for exhaust turbochargers.
BMTS opens a plant in Shanghai for the purposes of satisfying the high demands from the market in China and to be closer to customers. Besides manufacturing, the Chinese company also provides a comprehensive range of services to ensure optimum customer care. The location is also home to teams that are responsible for quality assurance, sales, simulation, design, application and validation. The new location further boasts its own research and development centre and has already demonstrated its capabilities by ramping up its production figures during the initial years of operation.
The one millionth exhaust turbocharger rolls off the production line in St. Michael.
A plant is opened in St. Michael ob Bleiburg, Austria, where the first large-scale series projects for cars and commercial vehicles are realised in support of headquarters in Stuttgart. This branch becomes BMTS Technology's main plant for series production in Europe.
Robert Bosch GmbH and MAHLE GmbH establish the joint venture of Bosch Mahle Turbosystems GmbH in response to the automotive industry's great demand for a strong European partner in the field of turbocharging. The introduction of direct-injection technology for petrol engines at this time opens up a new broad market for the sale of exhaust turbocharger technology.